Your inheritance will pay you $54,177 a year for 13 years beginning now.

You can invest it in a bank account that will pay 9.2 per cent annually. What

is the present value of your inheritance?

Round your answer to 2 decimal places. E.g. if the final value is $12345.8342,

please type 12345.83 in the answer box (do not type the dollar sign).